The webinar will start at 3:00 PM CEST

Jul 10 | 2017

Li ve st r eam f r om I nwar d I nvest ment Depar t ment ,Di r ect or at e Gener al of t he Regi onal Gover nment of Tuscany,

Pi azza Duomo 10, Fi r enze,   I t al y

“Busi ness opport uni t i es i n Tuscanyand vi sa opt i ons f or i nvest ors”

Fi l i ppo Gi abbani , Di r ect or of I nvest i n Tuscany;Mar co Mazzeschi , Lawyer .

Speakers:

WHY TUSCANY?“For cent uri es i n t he f ut ure”

KEY FACTS

FACTS AND FIGURESFACTS AND FIGURES

Area: 22. 994 Km² Capi t al : Fl or ence

Popul at i on: 3. 7 Ml n i nhabi t ant s ( 6. 2% of I t al y)

A regi on i nt ernat i onal l y renowned

Export : appr oxi mat el y 8% of t he It al i an

Manuf act uri ng Tradi t i on

Ski l l s , Research, Devel opment & Innovat i on 3 Uni versi t i es, 5 Hi gher Educat i on

Inst i t ut es 12 Technol ogy c l ust ers 17 Nat i onal Resear ch Counci l ( CNR)

Inst i t ut es FDIs : > 400 Forei gn Mul t i nat i onal s ,

> 30. 000 empl oyees

TUSCANY“For cent uri es i n t he f ut ure”

ACCESSIBILITY

MARKET ACCESSIBILITYMARKET ACCESSIBILITY

2 i nt egrat ed i nt ernat i onal ai rport s

( Fl or ence and Pi sa) 1: 30h f r om Fl or ence t o Rome by hi gh-

speed t r ai n 1: 40h f r om Fl or ence t o Mi l an by hi gh-

speed t r ai n Tuscany i s cr ossed by:

t he maj or It al i an hi ghway ( A1) t he EU “Scandi navi an- Medi t erranean

Core Net work Corri dor”

1 mai n commerci al port ( Li vor no)

3 mai n l ogi st i c parks ( Li vor no, Pr at o and

Ar ezzo)

St rat egi c posi t i on i n It al y, Europe and t he Medi t erranean

KEY FACTS

FOCUS: MANUFACTURINGFOCUS: MANUFACTURING

LIFE SCIENCE : t he t hi r d l ar gest di st r i ct i n I t al y f or t he phar maceut i cal and bi ot echnol ogy sect or s, one of t he 15 best bi oi ncubat or s i n Eur ope ( Si ena Bi oi ncubat or )

FASHION: Fl or ence has t he hi ghest concent r at i on i n I t al y of i nt er nat i onal i nst i t ut es and academi es of f ashi on & desi gn. Al l t he t op wor l dwi de pl ayer s ar e l ocat ed i n Tuscany: Gucci , Fer r agamo, Pr ada, Cel i ne.

ICT : excel l ent Uni ver si t i es, a uni que model of col l abor at i on bet ween i ndust r y, academi a, r esear ch cent r es and publ i c aut hor i t i es, vast pool of t al ent , compet i t i ve cost s

LOGISTICS: Thanks t o i t s cent r al l ocat i on and i t s i nf r ast r uct ur e and ser vi ces, Tuscany i s t he per f ect l ogi st i cal pl at f or m f or t he mar ket s of cent r al I t al y, Eur ope and t he Medi t er r anean.

AGRIBUSINESS: a st r ong connect i on bet ween cul t ur e and t er r i t or y; gr eat t r adi t i on and hi gh qual i t y of pr oduct s and r aw mat er i al ; i nt er nat i onal l eader shi p i n some excel l ence pr oduct s

YACHTBUILDING : Tuscany i s t he wor l dwi de l eader i n Mega Yacht s pr oduct i on

Key Sect ors

FOCUS: REAL ESTATEFOCUS: REAL ESTATE

Real Est at e: Busi ness Locat i ons & Prest i gi ous Asset s

HOW WE

CAN HELP

YOUR COMPANYHOW CAN WE HELP?HOW CAN WE HELP?

WhoInvest i n Tuscany  i s a  net work

of publ i c part ners   pr omot ed by t he  Regi on of Tuscany  i n col l abor at i on wi t h  l ocal Muni ci pal i t i es whose ai m i s  t o promot e Tuscany as a key i nvest ment dest i nat i on  and at t r act i ng, f aci l i t at i ng and r et ai ni ng i nvest ment s i n t he r egi on.

How

Invest i n Tuscany   assi st s i nvest ors i n t he set t i ng-up and t he expansi on of t hei r operat i ons   i n t he r egi on pr ovi di ng a compr ehensi ve  support   and compl et e  i nf ormat i on  about al l aspect s of est abl i shi ng busi nesses or pl anni ng equi t y i nvest ment s i n Tuscany.

Invest i n Tuscany g ua r a nt e e s   maxi mum conf i dent i al i t y o n   i n q ui r i n g   c o mp a n i e s ,   p r o j e c t s   a nd   s p e c i f i c   r e q ue s t s  

f o r   i n f o r ma t i o n .  

About us“ If   y o u  wa n t   t o   g o   f a s t ,   g o   a l o n e .   If   y o u   wa nt   t o   g o  f a r ,   g o   t o g e t he r . ”

Our Servi ces

PLANNING AN INVESTMENT• Under st andi ng t he l ocal busi ness envi r onment • Pr epar i ng a busi ness pl an • Vi s i t i ng t he mar ket

SETTING UP IN TUSCANY• Sel ect a s i t e• I ncent i ves • Pl anni ng and appr oval s. I mmi gr at i on • Hi r i ng st af f• I nt r oduct i on t o ser vi ce pr ovi der s • Maki ng connect i ons

HOW WE

CAN HELP

YOUR COMPANYINCENTIVESINCENTIVES

PATENT BOX REGIME

Tax exempt i on on 50% of i ncome der i ved f r om qual i f y i ng i nt angi bl e asset s ( pat ent s, know-how, t r ademar ksR&D TAX CREDIT

Tax cr edi t f or R&D expenses: 25% f or l abor at or y equi pment , pur chases of know- how or pat ent r i ght ; 50% f or cost s r el at ed t o hi ghl y qual i f i ed per sonnel and out sour ced R&D act i v i t i es f r om uni ver si t i es, publ i c r esear ch of i nnovat i ve st ar t upsRECAPITALIZATION OF COMPANIES AND SUPER AMORTIZATION

- Tax i ncent i ves f or equi t y capi t al i ncr ease ( ACE)- 140% super - amor t i zat i on f or t he pur chase of i ndust r i al machi ner y and equi pment

FINANCIAL INCENTIVES

Tax Incent i ves St ar t - ups

TAX INCENTIVES

INCENTIVES

PRO INVESTMENT

START- UPA def i ni t i on of i nnovat i ve st ar t - up, t hat i s a new i nnovat i ve ent er pr i se of hi gh t echnol ogi cal val ue, has been i nt r oduced i nt o t he I t al i an l egal syst em: Cut s on r ed t ape and f ees Fl exi bl e Cor por at e Management Mor e f l exi bi l i t y i n managi ng

l osses compar ed t o or di nar y compani es

Easi l y r enewabl e cont r act s f or new r ecr ui t ment

Tax cr edi t f or t he empl oyment of hi ghl y qual i f i ed st af f

Gr ant pr ogr ams, s i mpl i f i ed and f r ee- of - char ge access t o i nnovat i ve st ar t - ups t o t he publ i c guar ant ee f unds f or SMEs

Equi t y- based cr owdf undi ng

FINANCIAL INCENTIVES

Tax I ncent i ves St art - ups

INCENTIVES

PRO INVESTMENT

KEY FACTS

IN BRIEFIN BRIEF

VAST POOL OF TALENTVAST POOL OF TALENT

DYNAMIC AND DIVERSIFIED DYNAMIC AND DIVERSIFIED ECONOMYECONOMY

CENTRALLY LOCATED IN ITALYCENTRALLY LOCATED IN ITALYAND IN THE MEDITERRANEAN AND IN THE MEDITERRANEAN AREAAREA

OUTSTANDING QUALITY OF LIFEOUTSTANDING QUALITY OF LIFE

REGIONAL GOVERNMENTREGIONAL GOVERNMENT“OPEN FOR BUSINESS”“OPEN FOR BUSINESS”

LEADING- EDGE UNIVERSITIESLEADING- EDGE UNIVERSITIESAND RESEARCH CENTRESAND RESEARCH CENTRES

COMPETITIVE COSTSCOMPETITIVE COSTS

7 reasons t o i nvest i n Tuscany

CASE STUDIESCASE STUDIES

Japanese chemi cal gr oup Tor ay I ndust r i es has acqui r ed 55% of t he out st andi ng shar es i n I t al i an pr epr eg manuf act ur er Del t a Tech f or an undi scl osed amount .

Del t a Gr oup i s engaged i n devel opi ng and suppl yi ng hi gh-qual i t y pr epr eg, mai nl y f or pr emi um aut omobi l e appl i cat i ons. Tor ay suppl i es car bon f i br e Tor ayca t o Del t a gr oup.

The t r ansact i on wi l l al l ow Del t a Tech t o st r engt hen i t s posi t i on at an i nt er nat i onal l evel as a hi ghl y qual i f i ed oper at or i n t he f i el d of advanced composi t e mat er i al s, bei ng abl e t o benef i t f r om si gni f i cant syner gi es, a const ant l y gr owi ng gl obal net wor k and subst ant i al i nvest ment s.

JV and M&A

1. Vi sa f or «Assi gnment » of f orei gn workers

Assign to Italy•Workers remain hired abroad•Assignment duration max. 5 years

Service Provider(appalto)

Joint Venture

Parent Company

AffiliatedCompan

y

STEP 2

NationalVISA

STEP 3

ResidencePermit

STEP 1

WorkPermit

1-3 month 1-3 weeks 4-6 month

1. Vi sa f or «Assi gnment » | Pr ocedur es

The St udent Hot el , t he Dut ch gr oup t hat pi oneer ed a hybr i d model of hi gh- qual i t y hospi t al i t y – a hot el f or t r avel i ng gl obet r ot t er s and a l ong- t er m r esi dence f or st udent s – has sel ect ed Fl or ence t o begi n i t s €600 mi l l i on Eur opean expansi on.

The St udent Hot el has pur chased one of Fl or ence’ s most i coni c cent r al l y- l ocat ed bui l di ngs.

The St udent Hot el Fi r enze wi l l open i n 2017 t o br eat he new l i f e i nt o an ar ea t hat has never bel onged t o t he publ i c. Thanks t o t he i nvest ment , i t wi l l become a pul sat i ng cor ner of a l i vel y i nt er nat i onal c i t y.

The t ot al i nvest ment i n t he Fl or ence pr oj ect i s i n excess of €40 mi l l i on and wi l l cr eat e ar ound 300 j obs dur i ng const r uct i on and when t he hot el opens f or busi ness.

Set t i ng up a newco

2. Blue Card Permit

Allows an Italian employer to hire locally non-EU highly skilled workers

NO Obligations

Foreign company

NO Obligations

Foreign company

NO Quota LimitationsNO Quota Limitations

Mobilitywithin EUAfter 18 months

Mobilitywithin EUAfter 18 months

Permanent

ResidencyAfter 5 year

Permanent

ResidencyAfter 5 year

2. Blue Card PermitRequirements

Qualification

University degree of at least 3 years’ durationRegulated professions acknowledged by Italian Consulate

Conditions of Contract

Job offered in Italy must be a highly qualified positionSalary no less than € 25,000 / year (gross)

Ot suka Medi cal Devi ces, Co. , Lt d. ( “ OMD” ) , a whol l y-owned subsi di ar y of Ot suka Hol di ngs Co. , Lt d. , announced t hat i t has acqui r ed a st ake i n Er a Endoscopy S. r . l . ( “ Er a” ) , obt ai ni ng 24. 73% of Er a’ s t ot al out st andi ng shar es.

Er a i s a medi cal devi ce company f ocused on di scover y, devel opment , manuf act ur i ng and commer ci al i zat i on of i nnovat i ve medi cal devi ces. The company was est abl i shed by a gr oup of r esear cher s f r om t he Sant ’ Anna School of Advanced St udi es of Pi sa wi t h a l ong, pr oven t r ack r ecor d i n t he f i el d of r obot i c endoscopy.

Invest i ng i n an exi st i ng st art up

Accor di ng t o Labi ot ech. eu, t he Si ena bi oi ncubat or i s one of t he 15

best bi oi ncubat ors i n Europe (ht t p: / / l abi ot ech. eu/ 15- best - bi ot ech- i ncubat or - eur ope/ )The bi oi ncubat or i s l ocat ed i n Si ena at t he “ Tor r e Fi or ent i na” Sci ence Par k, wher e Achi l l e Scl avo f ounded t he homonymous I st i t ut o Si er ot er api co e Vacci nogeno Toscano i n 1904 and wher e GSK has l ocat ed i t s Resear ch and Devel opment Cent er , a f l agshi p of I t al i an and i nt er nat i onal r esear ch.TLS cur r ent l y host s bi omedi cal compani es, non- pr of i t r esear ch gr oups and ser vi ce compani es t hat wor k i n t he R&D of new dr ugs, di agnost i cs and medi cal devi ces

Creat e your own st art up

3. Start-Up Visa | For non-EU nationals intending to:

Set up Innovative Start-

up

Invest in an

existing Start-up

3. St art - Up Vi sa | Requi r ement s

The Start-up must have as core business the development, production and commercialization of innovative goods or services of high technological value

The Start-up must have as core business the development, production and commercialization of innovative goods or services of high technological value

4. St art - Up Vi sa | Joi n an Exi st i ng St ar t - up

Invest in an

existing Start-up

Start-up in activity for at least 3 years

Appointed in the Board of Directors

Applicant invest at least € 100,000

Submit to Ministry of Economic Development

3. St art - Up Vi sa | Est abl i sh a New St ar t - up

Establish a New

Start-up Innovative Project & Business Plan

Educational & employment history

Proof of available funds € 50,000

The Regi on of Tuscany has r ecent l y l aunched an ext r aor di nar ypl an f or t he enhancement of i t s r eal est at e.The Tuscany Regi on r eal est at e pr oper t i es have an est i mat ed val ue of about 200 mi l l i on eur o

Invest i n real est at e

5. El ect i ve Resi dence Vi saA long-term visa for foreigners who intend to relocate to Italy and able to financially support themselves without the need to work.

Accommodation

Purchase a propertyRent a house

Stable Non-Wage Income

More than € 31,159.29 / year+ 20% for the spouse + 5% for each child

5. El ect i ve Resi dence Vi sa

Non-Wage Income Can be Generated:

Annuities, Pensions

Property Ownership

Dividends, Revenues

Bank Deposits

Government Bond

€ 2,000,000

5. Invest ors ’ Vi sa

Will shortly be available to foreigners intending to invest in Italy

Philanthropic Funding

€ 1,000,000

ItalianStart-Ups€ 500,000

ItalianCompanies€ 1,000,000

culture, education, immigration management, scientific

research or cultural heritage

For more than 2 years

www. i nvest i nt uscany. com

We hope t o meet you agai n at our next l i ve sessi on:

“ I NSERI RE QUI I L TI TOLO DEL PROSSI MO WEBI NAR”

DATA DEL PROSSI MO WEBI NAR

Sear ch f or “ I nvest i n Tuscany” on Soci al Medi a

Thank you f or your t i me and at t ent i on